Which ITR form if investing in the stock market

ITR 259 views 9 replies

Please advise which ITR form can be used if invested in the stock market?

Note: My client has filed  ITR 4  (TDS u/s 194J presumptive 44ada) for last couple of years.    

Replies (9)
I think you have file itr-3 but depend on you how many amount to invest in stock market and how mouch you gain /loss according to your information then decided to file which ITR its my openion
Criteria for selecting ITR
1. Quantum of income
2. Nature of assess
3. Source of income

If you just invest in stock market you may continue to file ITR 4. But if you sell stock and incur capital gain/loss, then you will not be able to use ITR 4, in which case ITR 3 would be the ideal form.

Thank you all, well noted.

Poornima wrong
Subyasachi ji
poornima ji is absolutely right.
if there is to Capital gain and loss than not required to file ITR3, ITR 4 is only applicable
Agree with poornima
Sourav you are replying twice the same answer just for getting points or 250/- reward on CAClubindia.

what is sense of yes or no, just for point..

Please respect this reputed profession and stop making fun of public platform.

It's already told by reputed member to you that stop replying without any base just for points

If you are not Stop this, I have to make complaint to block your account.
Nidhi no figures are mentioned here .

try to understand the basics.


CCI Pro

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